NZD/USD Greetings and Good Morning guys! New Zealand’s GDP rate was not too good to help the buyers of NZD/USD, which has led to a bearish sentiment in the market. The weak economic performance suggests that the New Zealand dollar may struggle to...
GBP/USD Greetings and Good Morning guys! The market scenario of GBP/USD looks in favor of sellers these days, with bearish sentiment dominating price action. The GBP has no particular news events to follow, leaving it vulnerable to broader market...
EUR/USD Technical Analysis and Forecast The EUR/USD market trades around 1.0497 in the H1 timeframe. It currently has support at 1.0450 and resistance at 1.0530. These levels are critical as they will determine the next potential price move. On the...
GBP/USD price forecast The US Dollar Index (DXY), which tracks the performance of the US Dollar against a basket of six major currencies, is attempting a modest recovery on Wednesday but remains near yearly lows at 106.50. Traders continue to weigh...
USD/CHF H1 Chart The USD/CHF market is currently downtrend and is trading at 0.8930 on the H1 (1-hour) chart. The price recently tested the 20 SMA, moving towards the support level of 0.8920. This support level is critical as it will determine...
